In this well reasoned and rational argument Hector Fryi explains that Ron Paul's supporters have done well for their candidate but that it may be time to change our tactics in fundrasing. He has along with James Hughes organized a new funding effort designed to provide the Paul Campaign funds that come in a regular basis like a payday for the Paul campaign. See his video here: http://www.youtube.com/watch?v=Ymbz6XrkXzQ
I watched this video shortly after it came out and I have to agree that if the Ron Paul support base can feed the campaign a more regular diet from now until super Tuesday the campaign will have a much better time budgeting their money to expand out into a 50 state drive should they gain enough traction to continue on. The campaign has made it clear that regular money is of high value since it will allow for easier budgeting.
The argument is that we have done well to get Ron Paul on the map in fundrasing but our tactics can evolve and make the long march to the White House more effective if we will let the campaign know that they can spend money because they will know with some certainty that they will have more on the way and it will be far easier to budget if it can be expected. Makes sense to me. What are your thoughts on this?
©2007 Michael McDonnough, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Friday, December 28, 2007
Last modified: Friday, December 28, 2007
The views expressed in this article are those of Michael McDonnough only and do not represent the views of Nolan Chart, LLC or its affiliates. Michael McDonnough is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.
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Reader Comments:
Posted By: DigitalBob
Date: 2007-12-28 12:55:06
We're going to have to disagree on this one.
When in sales, I've worked hard all quarter for a single day's commission. Then I take the money and pay my bills and save up some until next time. That's how it goes.
Real entrepenuers don't wait for a paycheck, they make the commissions early and often. Ron Paul is getting paid off for decades of being true to his message.
The campaign should be thankful that it's getting ANY money. There are several campaigns who would be grateful for $1 million right now--let alone 4 or 6. The moneybombs are a way for people to rally and feel like they're making a difference.
You don't get same the emotional high from a paycheck like you do by winning the lottery. It's the passion that has brought people to this campaign. Let's not douse that.
If the campaign is offended by these moneybombs, they're welcome to give them back. Riiiiight.
I'd say, let the candidate keep giving the same message that he's been giving for the last 40 years, and let the on-line crowd keep giving him the money whenever they want to. It seems to work.
Posted By: Ludwig
Date: 2007-12-28 12:55:31
This is a mistake.. the benifit of the 'money bombs' was publicity. Ron Paul hasn't really 'dug' into the current $18M yet, so it will act as a 'buffer' having the same effect as regular weekly 'hand-to-mouth' donations (if his campaign isn't operating 'hand-to-mouth', which it isn't, then he can afford to wait for the irregular 'money bombs' which have the added benifit of creating _massive_ publicity for him - at this point the 'money bomb' will forever be associated with Ron Paul).
Posted By: cHRIS uCHMAN
Date: 2007-12-28 13:04:21
I AM TIRED OF THE LOOSERS AT THE CAMPAIGN HEADQUARTERS TRYING TO FIX SOMETHING THAT IS NOT BROKEN... THE PAYDAY THEORY WILL NOT GENERATE "FREE" ADVERTISING CREATED BY SENSATIONALISED EVENTS SUCH AS THE MONEY BOMB and there for is not the best use of my donation...... THESE DOLTS DO NOT HAVE THE RIGHT TO OFFER ANY STATISTICAL ANALYSIS UNTIL THEY HAVE "ON THERE OWN MERRIT" FIND A WAY TO RAISE AT LEAST ONE-MILLIION IN ONE-DAY..... Next..... its time to actually get the matched funds program-- principle may keep RON from doing this--- but I know 85000 supporters that will give him written permission to use there money for that purpose--- therefore doubling there contribution...
AFTER THE DEC MONEY BOMB THE CAMPAIGN FOUND WAYS TO BUY PLENTY OF AIR TIME in IOWA WHEN JUST WEEKS PRIOR THEY SAID THEY HAD TO BUY AIRTIME A MONTH AHEAD OF TIME.......
STOP TRYING TO "SHEEPLE US" WE DONT FALL FOR YOUR COLLEGE PSYCOLOGY COURSE TYPE MIND MANIPULATION..
THANKS BUT NO THANKS
Posted By: A. J. Fabio
Date: 2007-12-28 13:29:20
Calm down dude. Troy Fisher is not a part of the official campaign, he is a part of the Grass Roots movement. He is actually making a very valid point. The media would have a field day if the money bombs didn't generate more and more money. You may say, "Who cares what the media says!", but the fact of the matter is, there are a lot of idiots out there that do care and do believe what the media says. look at the video, it makes a lot of sence.
Posted By: Michael McDonnough
Date: 2007-12-28 13:35:53
I think both points of view are in their own way valid. The idea Troy is putting on the table should be discussed and that was one of the points of this article. I would say that we might look at both methods for their own reasons.
Posted By: cHRIS uCHMAN
Date: 2007-12-28 13:59:09
Ok, I looked at the video again.....
Patronizing tone aside--- why would the money bombs degenerate if the revolution was growing? if we are depeding on the same people to fund this time and time again.... then that logic is also flawed---- if we are merely 85000 people--- and that is it... guess what... we are spining our wheels over a dream---
The sensationalized events draw peoples attention to look into the matter...... it creates curiosity--- a weekly payday will not generate that kind of attention or trafic to the RP2008 website.... It will keep us in the small numbers instead of spreading the message.....
It is the sensationalizing events that have kept this campaign from goen the way of the TANCREDO---
Its the creativity and out of the box MARKETING that has brought Dr. PAUL to the media and national publics attention.
If we divide the power of "breaking records" and recieving "25 thousand new donors" each bomb--- we will not make it against the tides that wish to snuff us out....
I appreciate the fact that in a regular campaign that has a strong CAMPAGIN STAFF--- and organization skills--- that troy's Idea would be valid....... But--- that is not the case......
and so it is up to us to try and keep this movement going through MEDIA STUNTS---
I love the ROSE BOWL PARADE and NEW YEARS EVE TIMES SQUARE BANNER WAIVING IDEAS ---- this is what keeps us in the worlds eye....
Sorry for the burst of frustration.... Hope we can continue to create good ideas
Posted By: Tom McCarthy
Date: 2007-12-28 14:49:31
I'm with Chris on this one, thanks to the money bombs there is alot more money to budget, right again about trusting the movement to grow. Also bring on those matching funds what could be more fair to us, than our money, invested in our future?
Posted By: Jason
Date: 2007-12-28 15:02:08
I think it is an interesting idea to consider. While I agree that the publicity has been important, we've already proven we can do it, and the MSM could really care less about covering it again. We did it once (broken all records) let's move on to something else. The campaign needs regular money, and they need it now. Personally, I went ahead and maxed out, just so that the campaign can have everything from me sooner rather than later. I encourage people to do the same.
Posted By: Lance Roseman
Date: 2007-12-28 15:20:12
I wish I could donate a percentage of my income as a Canadian! I'd tithe 15% no problem. Every week, like clockwork. I'd donate through my kids if I reached my maximum, I'd donate for uncles and cousins who don't 'do politics', I'd donate and go without on occassion!
Posted By: Michael McDonnough
Date: 2007-12-28 15:21:46
The money bombs that are a success are going to be on a Fri-Sun time frame since most of us are workers who get paid each week. Not all of course but a lot I would guess. What if we supported the payday deal and try to have money bombs land on Fridays when possible to magnify the effect.
That way there is steady money coming in from those who can afford a regular donation supplemented by the bigger money bombs that everyone has so much fun with and gain media attention.
Posted By: Go Ron GO
Date: 2007-12-28 15:33:36
I am with uCHMAN - don't fear the media people, they don't favor Ron Paul anyway. ANY coverage we get - even if the bomb falls short of a previous one - IS still coverage where Ron can send his message again. This idiotic idea of 500K every Friday until Super Tuesday only would net $2.5M (5 Fridays left), whereas the Dec 31 New Year's Eve money bomb will raise substantially more than that (um, that's 3 days from today!!) So, Mr. Fisher, keep those ideas coming but stay out of the fund raising side! Since the Tea Party 10 days ago, he has raised about $700K so the money IS COMING IN on top of the bombs!!! If someone thinks there is a problem with the fundraising, I suggest you wait until the Iowa and NH votes. When Ron places high in those, you won't be able to stop the cash from coming in on a Friday or any other day - IF there is a problem (I don't think there is!) it WILL fix itself.
New Year's Eve Money bomb - it's gonna be big, really big!!
Posted By: Brian
Date: 2007-12-29 19:32:33
Forget the weekly Paydays. I'd rather stick with the Money Bombs. We can plan a Money bomb 1 per month. There's already a Dr. King money bomb on 01/21. There's a mini-money bomb on New Year's Eve to get Paul over $20 million mark. I have to agree with the posters here. The campaign needs to leave the grassroots alone and let us do our thing. The campaign has more than enough money as it is right now. The Dr. King money bomb will give Paul the publicity and cash heading into Super Tuesday, which is going to decide the nomination anyway. Paul needs to fire some of these campaign people and hire some bare-knucklers who'll go to bat for him.
Posted By: Brian
Date: 2007-12-29 19:36:44